Postal plants to shrink, 28,000 jobs at stake

The U.S. Postal Service announced on Thursday it’s moving forward with a $2.1 billion cost-savings plan to consolidate postal plants over the next two […]

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Ford CEO Mulally made $29.5 million in 2011

Ford Motor Co. Chief Executive Alan Mulally’s compensation rose 11 percent to $29.5 million in 2011. It was a year in which the company reported […]

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Stocks end higher for third straight day

U.S. stocks finished higher for a third straight day Friday, after a slightly better-than-expected jobs report, but the gains were pared back after Greece’s […]

Oil boom and a kidnapping alter Montana town

Sidney isn’t the first small town in the West to get run over by a gold rush, in this case black gold _ more than […]

Euro-Area Economy Shrinks - Bloomberg

Europe

Seized Chinese workers freed in Egypt

A group of 25 Chinese taken hostage in Egypt has been freed, but a second group seized in Sudan over the weekend are still being […]

India Growth Weaker as Inflation Still High, Central Bank Says - Bloomberg

India

Weidmann Says ECB Should Resist Pressure to Use

European Central Bank Governing Council member Jens Weidmann said policy makers should resist pressure to increase government bond purchases in response to the euro region

Movie ticket sales hit 16-year low

The curtain is falling on the worst year for Hollywood in recent memory.
The movie industry sold 1.28 billion tickets in North America in 2011, […]

Rajoy

Spanish Prime Minister Mariano Rajoy may finally tell investors how he